DocumentCode
1774593
Title
The research of electricity market stability simulation under different congestion degree based on ACE
Author
Pu Tianjiao ; Chen Naishi ; Wang Wei ; Li Ye ; Liu Guangyi
Author_Institution
China EiectIic Power Res. Inst., Beijing, China
fYear
2014
fDate
23-26 Sept. 2014
Firstpage
1273
Lastpage
1279
Abstract
In this paper, the stability experiment of the electricity market simulation adopted agent-based computational economics(ACE) is carried out under different congestion degree on the platform of electricity market simulation system and laid the experiment foundation for the research of electricity market network congestion simulation. It can be seen from the experiment results analysis that the presence of network congestion directly impacts on the result of market transactions, and changes the market structure of the electricity market and the balance of the supply and demand in different regions, and changes the bidding status of market participants and market power, thereby indirectly affects the bidding strategies of market participants, and eventually indirectly affects the stability of the electricity market.
Keywords
power markets; power system stability; tendering; ACE; agent-based computational economics; bidding status; congestion degree; electricity market stability simulation; market participants; market power; market transactions; network congestion simulation; Abstracts; Aging; Computational modeling; Electricity; ISO standards; Solid modeling; Stability analysis; ACE; Experiment; Network Congestion; Stability; The Electricity Market Simulation System;
fLanguage
English
Publisher
ieee
Conference_Titel
Electricity Distribution (CICED), 2014 China International Conference on
Conference_Location
Shenzhen
Type
conf
DOI
10.1109/CICED.2014.6991912
Filename
6991912
Link To Document